Wealth Management - International Funds - Product Management Associate

Job description

JPMorgan Chase & Co . is a leading global financial services firm with assets of more than $2.4 trillion, over 240,000 employees and operations in over 60 countries. It operates across four business segments including Asset & Wealth Management, Corporate and Investment Banking, Commercial Banking and Consumer and Community Banking .

 

J.P. Morgan Asset & Wealth Management is made up of the Asset Management and Wealth Management

 

An exciting opportunity has arisen for a Funds Product Manager to join the International Funds Product Management team at an Associate level. The role will be based in London.

 

Our Team

 

The Private Bank global funds platform is a multi-fund platform that provides pooled investment solutions to wealth management clients around the globe.It consists of third-party and proprietary JPM sponsored mutual funds& ETFs, totaling over $50 billion in assets under management, with continuous growth anticipated.

 

The International Funds Product Management (IFPM) team builds and maintains strong relationships with investment managers and internal corporate partners (Front Office, Legal, Compliance, Tax and Risk teams) to deliver active and passive investment strategies to support the long-term strategic and tactical asset allocations of the Private Bank.

 

The team is specifically responsible for the overall product management of Mutual funds, ETFs and Hedge Funds UCITs selected by the manager research teams for the International Platform (covers EMEA, Latin America and Asia regions). The process involves the establishment of legal agreements, negotiation of fees, prospectus reviews, share class selection, and determining the suitability of funds fordistribution and share classes for different jurisdictions based on a series of regulatory, tax and compliance information.

 

As the regulatory environment we operate in internationally continues to evolve and our business continues to expand into new markets, there is an ongoing need to manage this product and meet the needs of our Business on a day to day basis.

 

The Role

 

Internally this role will offer expert advice to the business on all non investment matters pertaining to the product. Support and guidance will be given to teams including Investors and Bankers. The role is also likely to require close interaction with our internal corporate partners across Manager Selection, Legal, Risk, Tax, Compliance and Middle office internationally. Externally the role will require regular interaction with our external fund houses in order to keep abreast of their product offering.

 

·  Responsible for the onboarding of active and passive investment funds, based on pipeline priorities, ensure results are delivered on-schedule while closely adhering to internal policies
·  Responsible for partnering with front-office investors and the portfolio management team to improve the fund palette and tailor share class solutions for individual clients and portfolios
·  Manage relationship between internal business teams and external Fund providers as a point for resolution and escalation
·  Responsible for understanding and resolving questions on (including but not limited to) contractual arrangements, share class eligibility, prospectus terms, regulatory requirements etc.)
·  Responsible for managing and delivering on all new share class requests for Investors,, advising on jurisdictional requirements linked to share class launches (documentation, tax transparency etc.).
·  Responsible for responding to queries related to fund attributes such as registration, tax transparency, fund structure and providing guidance to the Business.
·  Lead projects relating to the product including those driven by business and regulation.

Requirements   

· 
Familiarity with the financial services industry required – experience in asset or wealth management is an advantage

· 
Familiarity with regulated Mutual funds, ETFs, documentation and regulatory framework is required

· 
Strong multi-tasker, highly organized and strong prioritization skills

· 
Excellent communication and interpersonal skills; excellent stakeholder management skills are essential

· 
Proven ability of problem solving / "Can do" attitude; Strong recommendations at the appropriate time.

· 
Adaptability/ability to work in fluid environment

· 
Highly detail-oriented with strong analytical and planning skills

· 
Good negotiation and presentation skills

· 
Experience of working with Legal Agreements an advantage

· 
Team worker/Proven ability to work in a highly collaborative and matrixed environment to build consensus

· 
Ability to take initiative and work without constant supervision

· 
Highly competent with core MS Office applications – e.g. Excel and PowerPoint

· 
Strong written and verbal English required. At least one other European language advantageous.

  The Ideal candidate  

·  The ideal applicant would have broad investment and non-investment knowledge of pooled investment products
·  Understands mutual funds, ETFs, hedge funds UCITS
·  Has a relentless focus on execution and enjoy taking ownership for the delivery of measurable results
·  Is able to gain in-depth understanding of any issue and propose and implement workable and practical solutions
·  Adapts to change and turns challenges into opportunities
·  Has an enquiring nature and a fast learning curve
·  Thrives in team environments, ensuring effective communication with colleagues
·  Is passionate about financial markets and career driven
·  Additional European languages a benefit – Italian, French, German or Spanish

 

JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer.